IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 105

Insurance IT Government Risk 105

IT Governance

OCTOBER 4, 2021

Ransomware – malware that aims to prevent victims from accessing their data unless they pay their attackers – seems to be in the news more than ever before. Sophos’s most recent annual ransomware survey, The State of Ransomware 2021 , found that 37% of organisations surveyed in 2021 had been affected by ransomware in the previous year.

Ransomware 134

Ransomware Insurance Phishing Access 134

Security Affairs

MAY 15, 2023

A previously unknown ransomware group known as RA Group is targeting companies in U.S. Cisco Talos researchers recently discovered a new ransomware operation called RA Group that has been active since at least April 22, 2023. The researchers assess with high confidence that the group is using the leaked Babuk ransomware source code.

Ransomware 84

Ransomware Encryption Healthcare Insurance 84

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. Background.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Security Affairs

NOVEMBER 26, 2020

Ritzau, the biggest Danish news agency, was hit by a ransomware attack that brought it offline but refused to pay the ransom. Ritzau , the biggest Danish news agency, was hit by a ransomware attack that brought it offline. The cyber attack hit a quarter of Ritzau ’s 100 servers that have been damaged. Pierluigi Paganini.

Ransomware 105

Ransomware Insurance Encryption IT 105

IT Governance

AUGUST 12, 2020

Travelex has collapsed into administration seven months after it was crippled by ransomware. It was later reported that the REvil ransomware gang encrypted more than 5GB of sensitive data and demanded $6 million (about £4.6 Ransomware is one of the biggest threats facing businesses, so everyone must plan for an inevitable attack.

Ransomware 122

Ransomware Insurance Paper GDPR 122

IT Governance

NOVEMBER 17, 2022

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 The attack, which occurred after a cyber criminal exposed the login credentials of a high-level employee, led to two separate leaks on a dark web site operated by the ransomware group REvil.

IT 107

IT Ransomware Security Data breaches 107

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

IT Governance

JULY 15, 2019

Cyber insurance is big business these days. Damages incurred by information security incidents generally aren’t covered in commercial insurance policies, so a specific policy is necessary to help cover the costs of things like forensic investigation, incident response and notification procedures. Conduct regular vulnerability scans.

Insurance 89

Insurance Data breaches Risk Information Security 89

Data Protection Report

FEBRUARY 27, 2020

A few weeks ago, we blogged about the decision of the English High court in AA v. Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Persons Unknown & Ors. This is set out below.

Insurance 81

Insurance Risk Data breaches Personal data 81

IT Governance

JULY 11, 2019

That’s a question more organisations are having to ask themselves nowadays, with at least 55 ransomware attacks reported in the first half of 2019. Identify that the attack is ransomware. Don’t assume that the person who has spotted the attack knows that it’s ransomware. See also: How does ransomware infect your systems?

Ransomware 99

Ransomware Insurance Encryption Paper 99

The Guardian Data Protection

NOVEMBER 7, 2022

million current and former customers was hacked.

Ransomware 62

Ransomware Insurance Access IT 62

Security Affairs

MAY 7, 2023

million ransom after the April ransomware attack. million ransom after a ransomware attack infected its systems in early April. The ransomware attack forced the Police department to temporarily shut down some of its systems to prevent the threat from spreading. The San Bernardino County Sheriff’s Department opted to pay a $1.1-million

Ransomware 96

Ransomware Insurance Encryption Cybersecurity 96

IT Governance

AUGUST 3, 2020

You can find our full list of publicly disclosed data breaches from July in this blog. Meanwhile, you can stay up to date with the latest news by subscribing to our Weekly Round-up or visiting our blog. Canadian insurer Heartland Farm Mutual says an employee’s email account breached (unknown). Ransomware.

Data breaches 141

Data breaches Insurance Ransomware Personal data 141

Hunton Privacy

FEBRUARY 5, 2020

As previously posted on our Hunton Insurance Recovery blog , a Maryland federal court awarded summary judgment to policyholder National Ink in National Ink and Stitch, LLC v. The decision also is significant because it shows that an insured’s business does not need to be completely shut down in order to get insurance coverage.

Computer and Electronics 52

Computer and Electronics Ransomware Insurance Access 52

Hunton Privacy

NOVEMBER 8, 2023

Our previous blog post covered key proposed changes to the Cyber Regulation. The NYDFS, which regulates financial institutions including insurance companies, mortgage brokers and banks, adopted the original Cybersecurity Regulation in 2017. The amended Cybersecurity Regulation will take effect in phases.

Cybersecurity 72

Cybersecurity IT Compliance Financial Services 72

IT Governance

NOVEMBER 3, 2023

Our monthly blogs will provide analysis of the data we’ve collected and we’ll continue to discuss the biggest breaches on our 2023 overview of publicly disclosed data breaches and cyber attacks. The post Data Breaches and Cyber Attacks in October 2023 – 867,072,315 Records Breached appeared first on IT Governance UK Blog.

Data breaches 87

Data breaches Insurance Ransomware Education 87

IT Governance

JANUARY 3, 2023

Ransomware. New Zealand health insurer Accuro says it’s been hacked (unknown). Knox College president addresses ransomware incident (unknown). Cyber attack on NZ’s largest insurer of doctors MAS may have exposed members’ personal data (unknown). Ransomware. Cetrogar hit by ransomware (unknown). Learn more.

Data breaches 115

Data breaches Ransomware e-Discovery Insurance 115

IT Governance

JUNE 1, 2023

You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. IT Governance found 98 publicly disclosed security incidents in May 2023, accounting for 98,226,877 breached records. million) Apria Healthcare suffers security breach (1.8

Data breaches 98

Data breaches Ransomware Insurance Personal data 98

IT Governance

NOVEMBER 1, 2022

Ransomware. Vincent’s Coastal Cardiology announces data breach stemming from ransomware attack (unknown). Learn more.

Data breaches 111

Data breaches Ransomware Insurance Phishing 111

IT Governance

APRIL 3, 2019

US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. The confectioner, which owns Cadbury and Oreo, says it lost 1,700 servers and 24,000 laptops as the ransomware swept through its systems. Perilous future for cyber insurance.

Insurance 53

Insurance Ransomware Government Paper 53

IT Governance

OCTOBER 24, 2023

Welcome to a new series of weekly blog posts rounding up the biggest and most interesting news stories. Another small firm suffers a serious ransomware attack: Cadre Services gets mauled by AlphV Date of breach: 19 September 2013 (AlphV uploaded first part of data to its website on 19 October 2023). Records breached: Unknown.

Data Privacy 107

Data Privacy Privacy Security Data breaches 107

IT Governance

DECEMBER 1, 2022

Ransomware. Brazilian health insurance firm Fisco Saúde hit by cyber attack (unknown). Spain’s Generali España insurance company says it was hacked (unknown). Ransomware. Ransomware attack on Osaka General’s network stalls critical surgeries (unknown). Convergent Outsourcing reports ransomware attack (unknown).

Data breaches 115

Data breaches Ransomware Personal data Insurance 115

IT Governance

AUGUST 1, 2022

Ransomware. Ransomware. Mary’s, Canada, being held to ransom (unknown) Digital security giant Entrust breached by ransomware gang (unknown) Blue Shield of California and BS Promise Health Plan reveal that members impacted by incident involving OneTouchPoint (1,506). You can find the full list below, broken into categories.

Data breaches 119

Data breaches Ransomware Insurance Access 119

IT Governance

SEPTEMBER 1, 2021

Ransomware. Travel and medical insurance provider guard.me Ransomware. Isle of Wight schools hit by ransomware (unknown) Lazio region suspends vaccination reservations after ransomware attack (unknown) Coghlin Electrical Co. Cyber attacks. Data breaches. Financial information. In other news…. Cyber attacks.

Data breaches 140

Data breaches Ransomware Insurance Data migration 140

IT Governance

JUNE 15, 2022

In this blog, we look at the top five cyber security risks that businesses face, and explain how you can prevent them. Ransomware. Ransomware is the fastest-growing threat that organisations face. To mitigate the risk of ransomware, organisations must address both preventative and responsive measures.

Risk 144

Risk Security Passwords Phishing 144

IT Governance

JANUARY 5, 2024

This blog provides analysis of the data we’ve collected. AIC) 26,000,000 9 Snappfood >20,000,000 10 Alborz Insurance Company 19,500,000 Note 1: Where ‘around’, ‘about’, etc. Iran also significantly suffered in the insurance sector this month. is reported, we record the rounded number. Where ‘more than’, ‘at least’, etc.

Data breaches 97

Data breaches Insurance Manufacturing Ransomware 97

The Last Watchdog

OCTOBER 5, 2023

Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.) For the first expert interview on our blog, we welcomed Pulitzer-winning investigative reporter Byron V. Erin: How has the ransomware threat evolved in recent years? Leadership should prioritize cybersecurity at all levels.

Cybersecurity 204

Cybersecurity Privacy Cloud IoT 204

IT Governance

JULY 4, 2023

You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. IT Governance found 79 publicly disclosed security incidents in June 2023, accounting for 14,353,113 breached records.

Data breaches 96

Data breaches Ransomware Government Insurance 96

IT Governance

NOVEMBER 6, 2023

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. Compromised information included patients’ names, dates of birth, postal addresses, Social Security numbers, diagnosis and treatment information, and health insurance information.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

eDiscovery Daily

JANUARY 30, 2020

Maryland is currently considering a bill to become only the third state after Michigan and Wyoming, to criminalize the possession and distribution of ransomware. Certainly a motivating factor may have occurred when hackers hit Baltimore, Maryland’s largest city, with a RobbinHood ransomware attack on May 7, 2019. So, what do you think?

Ransomware 69

Ransomware Cybersecurity Insurance Education 69

IT Governance

MARCH 31, 2022

Be sure to check our blog to find that article, or subscribe to our Weekly Round-up to make sure you get the latest content delivered straight to your inbox. Ransomware. Ransomware. Meanwhile, you can find the full list of cyber attacks and data breaches for March 2022 below. Cyber attacks. Data breaches. Financial information.

Data breaches 111

Data breaches Ransomware Insurance Government 111

Data Matters

OCTOBER 8, 2020

individuals and businesses comply with ransomware payment demands. Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. sanctions law violations if U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

IT Governance

JUNE 30, 2022

Ransomware. You can find the full list below, broken down into categories. Meanwhile, be sure to subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. Cyber attacks. Data breaches. Financial information. Malicious insiders and miscellaneous incidents. In other news….

Data breaches 136

Data breaches Ransomware Personal data Blockchain 136

IT Governance

MARCH 1, 2023

announces security breach (10,000) CompSource Mutual Insurance Company reports security incident (unknown) Paul Smith’s College announces cyber attack (unknown) Cardiovascular Associates files notice of security breach (unknown) Rockler Companies says cyber attackers breached its systems (8,604) Emtec, Inc.

Data breaches 130

Data breaches Ransomware e-Delivery Government 130

IT Governance

SEPTEMBER 1, 2020

You can find our full list of publicly disclosed data breaches from August in this blog, with incidents affecting UK organisations listed in bold. Meanwhile, you can stay up to date with the latest news by subscribing to our Weekly Round-up or visiting our blog. Ransomware. Cyber attacks. Hitachi Chemical Co. Cyber attacks.

Data breaches 122

Data breaches Ransomware Insurance Manufacturing 122

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85